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Fortegra Group Balance Sheet Health
Financial Health criteria checks 4/6
Fortegra Group has a total shareholder equity of $392.0M and total debt of $263.5M, which brings its debt-to-equity ratio to 67.2%. Its total assets and total liabilities are $4.5B and $4.1B respectively. Fortegra Group's EBIT is $142.8M making its interest coverage ratio 6. It has cash and short-term investments of $443.2M.
Key information
67.2%
Debt to equity ratio
US$263.47m
Debt
| Interest coverage ratio | 6x |
| Cash | US$443.22m |
| Equity | US$392.04m |
| Total liabilities | US$4.13b |
| Total assets | US$4.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFG's short term assets ($2.7B) do not cover its short term liabilities ($3.0B).
Long Term Liabilities: TFG's short term assets ($2.7B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: TFG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TFG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TFG's debt is well covered by operating cash flow (66.5%).
Interest Coverage: TFG's interest payments on its debt are well covered by EBIT (6x coverage).